$LUNC is repeating the same pattern as before. After a strong move, it took a pullback, then started moving in a range, and later gave an upside breakout with a good move.
Now it may do the same again. Either it forms a range or directly breaks the previous high and moves up.
We will only enter if we get confirmation, like a clean breakout of the high. If it keeps moving down and breaks the $0.00005200 level, then the bearish trend will start and selling pressure will continue.
Entry: After Range Or High Breakout
Target 1:$0.00006600
Target 2:$0.00007000
Target 3:$0.00007500
SL: Place your stop loss according to your risk